DL Holdings GP (01709): CSRC approves upgrading the first-category license.

DL HOLDINGS GP (01709) announced that on December 29, 2025, its subsidiary company, Delin Securities (Hong Kong) Limited, in which the company holds a 70% stake, has received conditional approval from the Securities and Futures Commission of Hong Kong to provide virtual asset trading services under the comprehensive account arrangement. However, this can only be implemented after Delin Securities has met certain conditions, including: (i) providing virtual asset trading services through a comprehensive account set up and maintained by operating on a platform licensed by the Securities and Futures Commission, (ii) complying with the terms and conditions of licensed entities or registered institutions providing virtual asset trading services under the comprehensive account arrangement (as amended from time to time), and (iii) providing virtual asset trading services only to professional investors (as defined in the Securities and Futures Ordinance and its subsidiary legislation), who are at all times clients of its Type 1 regulated activity (securities trading) business. On December 29, 2025, Delin Securities accepted the above conditions and will commence virtual asset trading services upon receiving formal approval from the Securities and Futures Commission. The company is committed to upgrading Delin Securities' Type 4 regulated activity license (providing advice on securities), and is currently undergoing final approval from the Commission. The company will make an appropriate announcement upon receiving the relevant approval from the Commission.